Pauly sounds a little desperate there, with all his “and the point is” kneejerks. Via Think Progress. I’m out of order again today.
Wow, big ticket items doing the best?
WASHINGTON (AP) — U.S. factory output grew for the fifth straight month, adding to evidence that manufacturing remains an engine of economic growth.
The Federal Reserve says output by the nation’s factories, utilities and mines increased 0.4 percent in November, after falling 0.2 percent in October.
Factories produced 0.3 percent more goods for consumers and businesses, after boosting output by the same amount a month earlier. The strongest factory gains came from big-ticket items expected to last for several years. Output by auto factories fell unexpectedly.
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